Aerial Work Platform (AWP) Truck Market, By Type (Boom lifts, Scissor lifts, Vertical mast lifts, and Personal portable lifts), by Power Type (Electric and Engine Powered), By Platform (Below 10 M, 10-20 M, 20-30 M, and Above 30 M), By Application (Rental, Construction and Mining, Government, Telecommunication, Transportation & Logistics, Utility, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Major companies are focused on product launches, in order to enhance the market presence. For instance, in September 2022, Zhejiang Dingli Machinery Co, Ltd., a design and manufacturer of aerial work platform products, has launched 34m Electric/Diesel Modular Booms an aerial work platform truck.
Major market players are involved in capacity and business expansion, in order to gain a competitive edge in the market. For instance, in November 2021, Altec Industries, an equipment and service provider for the electric utility and telecommunications has announced to expand their shop service network in Corona, U.S. to offer shop and mobile service.